Just understand that this is one read on the stock. Here is another from Market Club. Go to their website to see more. Comments anyone?
STAR SCIENTIFIC (NASDAQ:CIGX) Strong Uptrend
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders. Based on a pre-defined weighted trend formula for chart analysis, CIGX scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend):
-10 Last Hour Close Below 5 hour Moving Average
+15 New 3 Day High on Thursday
+20 Last Price Above 20 Day Moving Average
+25 New 3 Week High, April 26th
+30 New 3 Month High on February 1
+90 Total Score
Open High Low CIGX Price Change 4.79 4.96 4.67 4.84 +0.17
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.